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Home>Governance, Risk and Compliance for the Nigerien Insurance Industry 2017 - Research and Markets

Governance, Risk and Compliance for the Nigerien Insurance Industry 2017 - Research and Markets

Governance, Risk and Compliance for the Nigerien Insurance Industry 2017 - Research and Markets

10/04/2017

Governance, Risk and Compliance for the Nigerien Insurance Industry 2017 - Research and Markets

The "Governance, Risk and Compliance - The Nigerien Insurance Industry" report has been added to Research and Markets' offering.

The 'Governance, Risk and Compliance - The Nigerien Insurance Industry' report is the result of extensive research into the insurance regulatory framework in Niger.

It provides detailed analysis of the insurance regulations for life, property, motor, liability, personal accident and health, and marine, aviation and transit insurance. The report specifies various requirements for the establishment and operation of insurance and reinsurance companies and intermediaries.

Summary:

  • An overview of the insurance regulatory framework in Niger.
  • The latest key changes, and changes expected in the country's insurance regulatory framework.
  • Key regulations and market practices related to different types of insurance product in the country.
  • Rules and regulations pertaining to key classes of compulsory insurance, and the scope of non-admitted insurance in Niger.
  • Key parameters including licensing requirements, permitted foreign direct investment, minimum capital requirements, solvency and reserve requirements, and investment regulations.
  • Details of the tax and legal systems in the country.

Key Highlights:

  • The Nigerien insurance industry is regulated by the CRCA at the regional level and by the DA at the national level.
  • Composite insurance is not permitted in Niger.
  • 100% FDI is permitted in the Nigerien insurance industry.
  • Insurance companies from CIMA member states are permitted to operate in Niger without a license.
  • Key classes of compulsory insurance include motor third-party liability insurance and professional indemnity insurance for insurance intermediaries.

Key Topics Covered:

1 INTRODUCTION

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